China is the world leader in processing lithium, a critical component in batteries and the world’s transition to green energy. It is making major, risky investm …
Monthly Archives For October 2023
China’s demand for oil and copper is ‘booming,’ says Goldman Sachs
China’s demand for major commodities like oil, copper and iron ore has been growing at “robust rates,” Goldman Sachs said.
World Bank downgrades developing East Asia growth forecast, weighed by a slowing China
Even though East Asian economies have mostly recovered from the series of shocks since 2020, including the Covid-19 pandemic, the pace of growth will likely slow.
China’s property crisis is testing its too-big-to-fail banks
And pressure is building on those banks as dozens of real estate developers have defaulted or missed payments on overseas bonds, led by China Evergrande, the world’s most indebted developer. The scale …
UPDATE 1-Germany welcomes China’s support for G20 debt restructuring framework
“We welcome the fact that the Chinese side is also committed to this in our Joint Statement, because solutions are inconceivable without China as such an important player in world politics,” German …
German manufacturers resist trade tensions in China’s Mittelstand enclave
Germany ’s presence in Taicang dates back to a visit in 1993 by Hans-Jochem Steim on behalf of Kern-Liebers, a Black Forest-headquartered supplier to the auto, textile and consumer industries. Steim …
China’s National Day holiday traveling spree a boon for global tourism
For many countries around the world, Chinese tourists are an increasingly important driver of growth and the surge in travels during the National Day holiday could translate into a much-needed …
China Comes Under Growing Pressure to Fix the Country’s Housing Market
Economists and investors urge Beijing to take forceful steps as founder of developer Evergrande faces assets-transfer probe.
Asia-Pacific stocks mixed as China’s factory activity expands for the first time in six months
Asia-Pacific stocks look set for a muted open even after China’s manufacturing PMI for bounces back to expansion territory.
China’s new-style tea drink market likely to exceed 200 bln yuan in 2025: report
The market value of China’s new-style tea drinks is likely to surpass 200 billion yuan (about 27.88 billion U.S. dollars) in 2025, an industry report shows.
Risks China Faces Now That Its Minsky Moment Has Begun
There are significant risks that China will double down as it takes on excessive debt, invests in nonproductive enterprises, and experiences weak economic growth.
China, Germany agree to expand market access
China and Germany agreed on Sunday to expand mutual market access based on a level playing field and strengthen cooperation in the fiscal and financial areas, as strengthening economic ties could be …
Top sportswear brands enamored with Chinese market
Top sportswear brands such as Nike, Adidas and domestic ones including Anta and Maia Active have developed yoga-inspired athletic products to bank on the opportunities brought on by rising fitness …
